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"Local differences in the prices of commodities whose natures are technologically identical are to be explained on the one hand by differences in the cost of preparing them for consumption (expenses of transport, cost of retailing etc.) and on the other hand by the physical and legal obstacles that restrict the mobility of commodities and human beings."
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"Wanting to win is what keeps the trade on, If you win, you lose the trade."
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Personal Development

"China has not lived up to any other trade agreements over the last decade... They don't have any compliance or enforcement."
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Personal Development

"It is not easy to be a pioneer - but oh, it is fascinating! I would not trade one moment, even the worst moment, for all the riches in the world."
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Personal Development

"We had Taiwan, Egypt, Lebanon, and Oman open their markets to our beef, and we're excited about that."
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Personal Development

"America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner."
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Personal Development

"Local differences in the prices of commodities whose natures are technologically identical are to be explained on the one hand by differences in the cost of preparing them for consumption (expenses of transport, cost of retailing etc.) and on the other hand by the physical and legal obstacles that restrict the mobility of commodities and human beings."
Author Name
Personal Development

"If these assets were set up as a revolving fund with which Japan could import raw materials for its industries, Japanese exports could again enter the channels of world trade-and Japanese workers would have employment and something to eat."
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Personal Development

"It was tumultuous, it was crazy, but I would not trade it for anything."
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Personal Development

"Free Tibet before free trade."
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Personal Development

"Reducing trade barriers with this key ally will go a long way toward increasing market access for American farmers, manufacturers and service providers."
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Personal Development
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"Whoever wishes peace among peoples must fight statism."
Peace

"Society has arisen out of the works of peace; the essence of society is peacemaking."
Society

"Innovation is the whim of an elite before it becomes a need of the public."
Innovation

"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."
Policy

"War... is harmful, not only to the conquered but to the conqueror."
War

"To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war."
Peace

"Economically considered, war and revolution are always bad business."
Business

"Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with all this. It has no party flower and no party color, no party song and no party idols, no symbols and no slogans. It has the substance and the arguments. These must lead it to victory."
Politics

"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
Economics

"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
Economics
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